But, here's a disturbing fact: many LIC policyholders are often seen spending several hours standing in long queues at LIC Branch Offices to make
their LIC policy premium payments.
Commonly accepted age proof documents include certificates of class 10th school leaving, birth certificate as well as passport and
LIC policy premium payment receipt.
Not exact matches
You can check your
LIC policy details including details of the
premium payments, accrued bonuses, group schemes etc. by simply logging on to the official website of
LIC India with your login credentials.
I took a
policy to myself and to my wife under
LIC New Endowment Plan on 20/10/2014 with a monthly
premium of RS. 13400 & 5354 respectively & maturity period of 15/10/2030, I done only single
payment (Monthly Payment) only for this po
payment (Monthly
Payment) only for this po
Payment) only for this
policies.
I took a 25 year
LIC single
premium term insurance
policy 9 years back, and I very much love the luxury of not having to worry about making the
payments every year.
Fortunately,
LIC makes it easy for you to check your
policy status and even make your
premium payments online.
So if you have not registered yourself on
LIC's official website, it's time to register online and check your
policy status online, and make your
premium payments in a timely fashion to avoid any penalties and hassles.
Now, you can go ahead and make online
premium payments, check
policy status, check loan status and do many other activities and transactions related to your
LIC policies.
It's quite a troublesome task to visit the
LIC office / branch every time you want to check even the smallest of details related to your
LIC policy — be it about
premium payments, due dates or its status.
Like most other companies in the insurance domain, Life Insurance Corporation (
LIC) of India too has made it easy for customers to make
premium payments, check their
policy status, and update
policy details online.
Using the online
LIC payment services, you can easily pay your
premium, check your
policy status and other vital
policy details, and it really doesn't matter if you have registered on the
LIC website or not.
Thus,
LIC Bima Bachat is a traditional money back plan with scheduled
payments along with return of single
premium paid plus loyalty additions at the end of the
policy tenure.
Keeping a regular check on your
LIC policy status will help you track its progress as well as prevent your
policy from lapsing, in case you weren't able to make the
premium payment on time.
Single
premium of the
LIC single
premium policy takes away the hassles of regular
premium payment.
You can check out the
LIC premium payment options and decide how you can pay your
LIC of India
policy premium.
Are you wondering how to make
premium payments online for your
LIC insurance
policies?
We are now sure that you know how easy are
LIC login and registration, check
policy status online, and make
premium payments through credit or debit cards.
Jeevan Lakshay is a conventional
LIC plan, hence it has a restricted
premium payment option and even the
premium term of the
policy is 3 years less than the
policy term.
Hi Sreekanth, I am planning to Surrender
LIC Jeevan Saral
policy after 10 years of
premium payment, Does the Tax relief granted for these 10 years will also be revoked?
One can mainly call to any
LIC Customer Care Helpline Number to know about your
policy status,
premium payment status, bonus, loan facility & eligibility, revival of lapse
policies and information about any
LIC policy.
Rebate: The
LIC Jeevan Labh
policy offers a rebate on 2 % of the yearly
premium and 1 % of the half - yearly
premium payments.
Ease of
premium payments and the fact you can buy this
policy online makes it among the best
LIC plans for women in 2017.
Some of the best features of this
policy are: — ● Available to purchase on the official website of
LIC ● Better
premium rates for non-smokers ● 2 years of
policy revival period in case of missed
premium payments ● 30 days of grace period
premium payment ● Both parents and children can be added as dependents
With that
LIC has launched Jeevan Sangam Single
premium payment policy for next 90 days.
Dear Ashish,
LIC of India provides rebates on the
premium to be paid based on the mode of
payment (monthly / quarterly / half - yearly / yearly) made by the
policy holder.
I have a
LIC plan of Jeevan Mitra (Double Cover Endowment Plant)(T. No. 88) commenced on dated 28/12/2008 at the age 0f 25 years with
policy term &
premium payment term of 21 years.
On the other hand,
LIC Jeevan Labh is a limited
premium payment plan (
policy term >
premium payment term).
The only difference I can see is that
LIC New Endowment Plan is a regular
premium payment plan (
policy term =
premium payment term).
Total
LIC Premium payment (Annual): 30,000 INR Jeevan Anand (6
policies, term 21 years; enrolled in March 2010; Total Annual
premium for 6
policies is 30000 / - Rs; sum assured — 1,00,000 / - Rs each
policy)
Mr.Shukla, 35 years, bought the
LIC Limited
Premium Endowment Plan with a
policy term of 12 years and
premium payment term of 9 years and the sum assured of his
policy is Rs. 3 Lakh.
It is covered under whole life
policy of
LIC, but here there is
premium payment up to a defined period and coverage is till death.
So, if your
policy term of
LIC limited Endowment Plan 830 is of 12 years, then you have to pay
premium for 8 or 9 years which is a limited period of
premium payment term.
25 years, bought
LIC Limited
Premium Endowment plan with a
policy term of 12 years and
premium payment term of 8 years.
He decides to buy
LIC's New Jeevan Nidhi with the
policy term and
premium payment term of 25 years, basic sum assured is Rs 1 Lac with the annual
premium of Rs 4121.
And now,
LIC has introduced various online and mobile services through which one can check
policy or
premium payment status.
LIC»S Accident Benefit Rider is available as an optional rider by
payment of additional
premium during the term of
policy.
Minimum variable
premium for Aegon Life iGuarantee Insurance Plan is Depends on age of the
policy holder and minimum variable
premium for
LIC Bhagya Lakshmi Plan is Depends on sum assured, age of the insured and
premium payment term.
LIC (Life insurance Corporation) is set to launch one more traditional
policy which is Limited
Payment Endowment Plan.The main feature of this new plan is, the payment of premiums is limited to a term shorter than the
Payment Endowment Plan.The main feature of this new plan is, the
payment of premiums is limited to a term shorter than the
payment of
premiums is limited to a term shorter than the
policy.
To make the process quicker and reduce the dependency part,
LIC provides you Online
LIC payment services where one can easily pay
premium payments few minutes, check
policy status and whether one is a registered user or not.
LIC Bima Shree, Table No. 848, is a money back plan which provides guaranteed addition (GAs) at the rate of Rs. 50 per thousand of basic sum assured for first 5
policy years and Rs 55 per thousand of sum assured from sixth
policy year till the year of last
premium payment.